1,560,678 Shares of iShares MSCI South Korea ETF $EWY Bought by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. bought a new stake in iShares MSCI South Korea ETF (NYSEARCA:EWY) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,560,678 shares of the exchange traded fund’s stock, valued at approximately $285,272,000. iShares MSCI South Korea ETF accounts for about 1.8% of Migdal Insurance & Financial Holdings Ltd.’s portfolio, making the stock its 18th largest position. Migdal Insurance & Financial Holdings Ltd. owned about 1.06% of iShares MSCI South Korea ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Bank of America Corp DE raised its position in shares of iShares MSCI South Korea ETF by 102.5% during the first quarter. Bank of America Corp DE now owns 10,928,797 shares of the exchange traded fund’s stock worth $1,344,351,000 after purchasing an additional 5,532,980 shares during the period. Bank of Nova Scotia grew its position in shares of iShares MSCI South Korea ETF by 135.8% in the 1st quarter. Bank of Nova Scotia now owns 1,823,820 shares of the exchange traded fund’s stock valued at $224,348,000 after purchasing an additional 1,050,220 shares during the period. Group One Trading LLC acquired a new position in shares of iShares MSCI South Korea ETF in the 1st quarter valued at approximately $30,984,000. The Manufacturers Life Insurance Company grew its position in shares of iShares MSCI South Korea ETF by 368.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 303,408 shares of the exchange traded fund’s stock valued at $61,258,000 after purchasing an additional 238,591 shares during the period. Finally, Kapitalo Investimentos Ltda acquired a new position in shares of iShares MSCI South Korea ETF in the 3rd quarter valued at approximately $43,328,000. 49.22% of the stock is owned by institutional investors and hedge funds.

iShares MSCI South Korea ETF Stock Performance

NYSEARCA EWY traded down $2.60 during trading hours on Friday, reaching $142.78. 12,971,745 shares of the company’s stock were exchanged, compared to its average volume of 18,900,006. The company’s 50-day moving average is $168.46 and its two-hundred day moving average is $163.64. iShares MSCI South Korea ETF has a one year low of $86.90 and a one year high of $220.89. The company has a market capitalization of $20.72 billion, a price-to-earnings ratio of 7.18 and a beta of 1.60.

iShares MSCI South Korea ETF Profile

iShares MSCI South Korea Capped ETF (the Fund) is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Korea 25/50 Index (the Index). The Index consists of stocks traded primarily on the Stock Market Division of the Korean Exchange. The Index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no issuer of a component exceeds 25% of the Index weight and all issuers with weight above 5% do not exceed 50% of the Index weight.